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Parallel Fluidics Secures $7M Seed Round to Accelerate Microfluidic Development for the Next Generation of Life Science Tools

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BOSTON, Nov. 7, 2024 /PRNewswire/ — Parallel Fluidics, the fastest microfluidic device manufacturer in the world, announced the close of its $7M seed round, led by J2 Ventures with participation from 8VC and Praxis. The funding will help drive the growth of the company’s on-demand design and manufacturing platform, expand its hardware and software solutions, and commercialize its new product, MV-2.

Diagnostics, drug discovery, precision medicine, sequencing, and cell therapy verticals are quickly shifting towards microfluidics, a technology where scientific tests can run at microscopic scales, allowing life science companies to achieve the next level of precision, speed, and throughput. Today, the global microfluidics market is a $32B industry currently and is expected to reach $117.13B by 2031 but is held back by design and supply chain challenges.

“Scientists and engineers developing the next breakthrough life science technology shouldn’t be forced to reinvent the wheel when it comes to microfluidic systems, especially in applications like point-of-care diagnostics,” said Jon Bronson, PhD, Managing Partner and co-founder of J2 Ventures. “With clients including academic labs, venture-backed startups and large biotech companies, Parallel Fluidics is making a huge impact with its on-demand microfluidic manufacturing services. Their products eliminate the common development risks, and accelerate the timeline from concept to launch by delivering production-ready devices in as little as three days – a true game changer for time-sensitive, cost-effective R&D.”

“While more life science products are built with microfluidics, scientific teams have historically struggled with engineering and manufacturing challenges unrelated to their novel technology, such as flow control, automation, and the chip-to-world interface, said Josh Gomes, CEO and co-founder of Parallel Fluidics. “At Parallel Fluidics, we are on a mission to help scientific teams build scalable and reliable products to identify diseases faster and develop more effective medicines. With the new funding, we’ll be able to scale up our on-demand manufacturing service, expand our hardware library, and develop new design and analytics software to power the next generation of life science tools.”

Parallel Fluidics’ hardware library offers an array of off-the-shelf hardware solutions to solve engineering challenges in microfluidics, reducing the cost and time for customers to develop new products. The MV-2 is Parallel’s latest addition, an innovative microvalve that enables products to work at the point-of-care, like a doctor’s office, clinic, or hospital, instead of only in laboratory environments. Overture Life, an exciting life science startup simplifying in-vitro fertilization procedures, is using the MV-2 to control flow in their next-generation system.

“In order to provide advanced care in fertility treatments such as IVF, precise fluid control and the ability to manage sensitive biological samples without being wasteful are critical. Solutions like Parallel Fluidics’ microfluidic systems are filling that gap with their microvalves and enabling faster, more reliable processes that can help us enhance patient outcomes and drive innovation in reproductive medicine,” said Lionel Matthys, Chief Product Officer, Overture Life.

About Parallel Fluidics
Parallel Fluidics accelerates the pace of discovery for scientific teams with the world’s first on-demand microfluidic manufacturing service. By offering production-grade devices from day one, Parallel eliminates the risks that slow down development and provides the shortest path from a concept to a successful microfluidic product. Parallel Fluidics is already making a transformative impact across life sciences verticals such as diagnostics, drug discovery, precision medicine, sequencing, and cell therapy – empowering innovators to accelerate breakthroughs and improve patient outcomes. For more information about Parallel Fluidics, visit www.parallelfluidics.com.

About J2 Ventures
J2 Ventures is a $250M+ AUM deep-tech venture capital firm based in Boston, investing in sectors critical to national security and private sector advancements, including advanced computing, cybersecurity, telecom and infrastructure, and biomedical engineering. For more information about J2 Ventures and its initiatives, please visit https://www.j2vp.com/.

Media Contact:
Liang Zhao
Vansary for Parallel Fluidics
lz@vansary.com
505-720-6933

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SOURCE Parallel Fluidics

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Lexile Framework for Reading Launches in Indonesia to Advance English Literacy

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MetaMetrics partners with Lumina Education to embed globally recognized Lexile® measures in assessments and learning tools.

SINGAPORE, Nov. 7, 2024 /PRNewswire-PRWeb/ — Today at EDUtech Asia, Asia’s largest conference and exhibition for educators and EdTech providers, MetaMetrics®, a leader in educational measurement and research, announces the launch of the Lexile® Framework for Reading in Indonesia. This groundbreaking initiative through Lumina Education, a subsidiary of Lippo Group, will begin in 50 schools across the country. Lumina’s reading program, BukuAku, is designed to help students enhance their English reading proficiency by providing accurate reading measures and matching them with books appropriate for their reading level.

“We are excited to work with Stephanie and the Lumina team to bring the value of the Lexile Framework to Indonesia’s English language learners…Lumina Education’s mission to build a brighter future aligns strongly with our own vision.” –Brad Baumgartner, CEO, MetaMetrics.

At the core of the BukuAku program is the LTS Reading Test, powered by the Lexile Framework for Reading, a powerful tool for assessing a student’s reading ability and matching them to reading materials at their level. Unlike traditional assessments, BukuAku offers more than just a score; it provides a roadmap for growth by matching students with books in their Lexile range, creating a personalized learning experience that fosters curiosity and encourages a lifelong love of reading.
The launch event, held on November 5 in Jakarta, is a significant milestone, attended by influential leaders from both MetaMetrics and Lumina Education, including Stephanie Riady, CEO of Lumina Education.

“We are thrilled to bring the Lexile Framework to Indonesia and incorporate it into BukuAku,” said Stephanie Riady. “This partnership isn’t just about launching a new product; it’s about building a better future for students across Indonesia by enhancing their English literacy and giving them tools to succeed in a fast-changing world.”

“The development of the new LTS Reading Test involved a team from both companies, led by Catherine Mulyana, Chief Operating Officer of Lumina Education, and Lisa Bickel, Vice President of Partner Success at MetaMetrics” continues Stephanie, “working together, we tailored reading tests and resources to meet the needs of Indonesia’s English learners. One of the most powerful aspects of the program is tailored intervention strategies for students with lower-than-expected Lexile measures who need extra support.”

“We are excited to work with Stephanie and the Lumina team to bring the value of the Lexile Framework to Indonesia’s English language learners,” comments Brad Baumgartner, CEO, MetaMetrics, “our teams worked with Indonesian students to ensure the questions, assessments, reading materials, and the measurement scale connect together seamlessly. Lumina Education’s mission to build a brighter future aligns strongly with our own vision,” concludes Brad.

Integration of the Lexile Framework within BukuAku elevates how reading skills are taught and nurtured in Indonesia, empowering educators with actionable insights to support student growth. Lexile measures are also incorporated into Lumina Testing Services (LTS), a new web app offering educators detailed insights into student progress. With LTS, teachers and administrators can seamlessly monitor student growth, check for any potential gaps, identify improvement areas, and make data-driven decisions that promote better student learning progression.

About MetaMetrics, Inc.
MetaMetrics Brings Meaning to Measurement
MetaMetrics is guided by a powerful north star—to support student growth through actionable learning measurement. Over the last 40 years, MetaMetrics’ staff of educators, psychometricians, and policy leaders have developed learning frameworks that now support over 35 million students in the US. More than half of the K-12 students in the US receive Lexile and Quantile® measures and over a hundred million pieces of content have corresponding measures. MetaMetrics was founded in 1984 with the singular goal of making measurement meaningful by matching students to learning resources using a scientific, universal scale. Today, Lexile and Quantile measures are available in all 50 states, with half of the nation receiving the measures through state accountability assessments or at the local level through partnerships with edtech companies that deliver services to schools and districts. Leveraging the most advanced AI technology and learning theory, MetaMetrics continues to innovate solutions for a wide range of applications including early reading, career readiness, and tutoring. For more information, visit MetaMetricsInc.com.

About Lippo Group
Lippo Group is a leading Indonesian multinational conglomerate with significant investments in various industries, including education, retail, media, real estate, banking, healthcare, and hospitality. Through its subsidiary, Lumina Education, and its nonprofit arm, the Pelita Harapan Education Foundation, Lippo Group is committed to advancing educational opportunities across Indonesia and empowering the next generation of leaders. For more information about Lippo Group’s educational subsidiary, visit luminaeducation.id.

Media Contact

Renee Basick, MetaMetrics, Inc, 9195473400, hello@metametricsinc.com, https://metametricsinc.com/

View original content to download multimedia:https://www.prweb.com/releases/lexile-framework-for-reading-launches-in-indonesia-to-advance-english-literacy-302298380.html

SOURCE MetaMetrics, Inc

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Insight Global Recognized as One of America’s Best Employers for Veterans by Forbes

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ATLANTA, Nov. 7, 2024 /PRNewswire/ — Insight Global, a leading international professional services and staffing company, is proud to announce its inclusion on Forbes’ list of America’s Best Employers for Veterans 2024.

The companies included on this list are ranked based on market research from Statista who surveyed more than 24,000 veterans (those who have served in the U.S. Armed Forces, the Reserves, or the National Guard) working for companies with more than 1,000 employees in the United States.

U.S. veterans who participated in the survey were asked if they would recommend their company or institution to friends and family, and to rate their employer on criteria including:

Work atmosphereSalaryHealth benefitsCareer development opportunitiesPrograms tailored to veteransAnd more

Survey participants were also asked to evaluate other companies within their respective industries.

“This honor makes me incredibly proud,” said Bert Bean, Insight Global CEO. “All of us know veterans. Many of us have veterans in our family. They give so much to our country and their sacrifice should never be overlooked.”

As one of the largest staffing companies in the U.S., Insight Global believes in developing its people personally, professionally, and financially so they can “be the light” to the world around them. Insight Global is proud to support veterans through various programs including its SkillBridge Internship Program and its partnership with the National Institute for Industry and Career Advancement (NIICA) to place returning service members and veterans in high-value careers in the semiconductor and advanced manufacturing industries.

“We are, and will always be, motivated to employ veterans,” said Bean. “It’s our honor to walk with them on their career journey.”

Learn more about Insight Global’s veteran programming here.

About Insight Global

Insight Global is an international professional services and staffing company specializing in delivering talent and technical solutions to Fortune 1000 companies across the IT, Non-IT, Healthcare, and Engineering industries. With over 70 locations across North America, Europe, and Asia, and global staffing capabilities in 50+ countries, our teams of tech-enabled recruiters are dedicated to finding the right talent and technical solutions to help our customers thrive. At our core, our mission is to develop people personally, professionally, and financially so they can be the light to the world around them.

View original content to download multimedia:https://www.prnewswire.com/news-releases/insight-global-recognized-as-one-of-americas-best-employers-for-veterans-by-forbes-302299194.html

SOURCE Insight Global

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Diversity Recruitment Partners Launches New, Integrated, AI-Driven Job Portal to Strengthen Teacher Recruitment and Retention

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AI-Generated Candidate-Job Matching is Transforming the Hiring Process, Helping Schools Attract and Retain Diverse, Qualified Educators

HOUSTON, Nov. 7, 2024 /PRNewswire/ — Diversity Recruitment Partners proudly announces the launch of its comprehensive, AI-powered platform, designed to bridge the gap between schools qualified educators of diverse and bilingual backgrounds. Featuring a job board, virtual career fair, and an interview portal with AI-driven candidate-job matching, this groundbreaking platform transforms recruitment for educational institutions nationwide, ensuring alignment of values, skills, and long-term goals.

“Teacher turnover has a significant impact on both student success and the stability of school environments,” said Trina Edwards, CEO of Diversity Recruitment Partners. “Our new platform helps build teams of committed educators while providing schools with access to a pipeline of talent dedicated to lasting impact.”

In addition to the platform, Diversity Recruitment Partners is introducing its Level Up Workshop Series, a professional development program tailored to support educators in advancing their careers. Held in October, the series focuses on essential skills such as job selection, interview preparation, and salary negotiation, all vital for navigating the competitive job market. Over 400 participants attended, with Curtis Valentine, founder of Real Men Teach and co-host and moderator of the series, along with twelve experts like Dr. William Hayes, Dr. Charlene Dukes, Dr. Lisa Herring, and Dr. Rudy Ruiz offering invaluable guidance to help educators thrive.

This initiative aligns with Diversity in Ed Magazine’s mission to foster retention and reduce turnover. In the Fall 2024 issue https://diversityined.uberflip.com/i/1529058-diversity-in-ed-magazine-fall-issue-2024/0? readers will find features on strategic hiring, smart use of AI in recruitment, and a special Superintendent Watchlist highlighting districts excelling in Diversity, Equity, and Inclusion (DEI), such as Rocketship Public Schools and Allentown School District.

Join us at the upcoming Virtual Education Career Fair on December 5, where schools and diverse candidates can connect directly. For more information, visit https://k-12.careerfairexpo.com or contact editor@diversityined.com.

Together, we’re shaping stable, inclusive educational communities for lasting impact.

Contact information:
Trina Edwards
editor@diversityined.com
(281) 265-2473

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SOURCE Diversity Recruitment Partners

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